INTERNATIONAL OFFSETS POOR VALUE FOR MONEY?

PUB. DATE

December 2009

SOURCE

ENDS (Environmental Data Services);Dec2009, Issue 419, p18

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

The article presents the research by carbon offset credit firm Carbon Retirement on worldwide carbon offset credits. The study showed that 28% of the money received by international carbon offset credit retailers issued by the Clean Development Mechanism (CDM) of the Kyoto Protocol would be used for capital expenditure and project maintenance, 30 percent went to the project investors, and 17 belonged to the shareholders. Therefore, CDM projects cost more money due to uncertainties in delivering carbon offsets.

ACCESSION #

47566903

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